Should shareholders delegate location decisions?
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lambertini, Luca, 1997. "Unicity of the equilibrium in the unconstrained Hotelling model," Regional Science and Urban Economics, Elsevier, vol. 27(6), pages 785-798, November.
- Szymanski, Stefan, 1994. "Strategic delegation with endogenous costs : A duopoly with wage bargaining," International Journal of Industrial Organization, Elsevier, vol. 12(1), pages 105-116, March.
- Michael L. Katz, 1991.
"Game-Playing Agents: Unobservable Contracts as Precommitments,"
RAND Journal of Economics, The RAND Corporation, vol. 22(3), pages 307-328, Autumn.
- Michael L. Katz., 1991. "Game-Playing Agents: Unobservable Contracts as Precommitments," Economics Working Papers 91-172, University of California at Berkeley.
- Katz, Michael L., 1991. "Game-Playing Agents: Unobservable Contracts as Precommitments," Department of Economics, Working Paper Series qt79b870w0, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Tabuchi, Takatoshi & Thisse, Jacques-Francois, 1995.
"Asymmetric equilibria in spatial competition,"
International Journal of Industrial Organization, Elsevier, vol. 13(2), pages 213-227.
- Tabuchi, T. & Thisse, J.-F., 1995. "Asymetric equilibria in spatial competition," LIDAM Reprints CORE 1151, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Oliver D. Hart, 1983. "The Market Mechanism as an Incentive Scheme," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 366-382, Autumn.
- Carlos Barcena-Ruiz, Juan & Paz Espinosa, Maria, 1999. "Should multiproduct firms provide divisional or corporate incentives?," International Journal of Industrial Organization, Elsevier, vol. 17(5), pages 751-764, July.
- Juan Carlos Barcena‐Ruiz & Maria Paz Espinosa, 1996. "Long‐Term or Short‐Term Managerial Incentive Contracts," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 5(3), pages 343-359, September.
- Ramon Faulí‐Oller & Massimo Motta, 1996.
"Managerial Incentives for Takeovers,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 5(4), pages 497-514, December.
- Ramón Faulí-Oller & Massimo Motta, 1996. "Managerial incentives for takeovers," Working Papers. Serie AD 1996-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- David Scharfstein, 1988. "Product-Market Competition and Managerial Slack," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 147-155, Spring.
- Holmstrom, Bengt R. & Tirole, Jean, 1989. "The theory of the firm," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 2, pages 61-133, Elsevier.
- d'Aspremont, C & Gabszewicz, Jean Jaskold & Thisse, J-F, 1979.
"On Hotelling's "Stability in Competition","
Econometrica, Econometric Society, vol. 47(5), pages 1145-1150, September.
- d'ASPREMONT, Claude & GABSZEWICZ, Jean J. & THISSE, Jacques-François, 1979. "On Hotelling's "Stability in competition"," LIDAM Reprints CORE 385, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Vickers, John, 1985. "Delegation and the Theory of the Firm," Economic Journal, Royal Economic Society, vol. 95(380a), pages 138-147, Supplemen.
- Fershtman, Chaim & Judd, Kenneth L, 1987.
"Equilibrium Incentives in Oligopoly,"
American Economic Review, American Economic Association, vol. 77(5), pages 927-940, December.
- Chaim Fershtman & Kenneth L Judd, 1984. "Equilibrium Incentives in Oligopoly," Discussion Papers 642, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Steven D. Sklivas, 1987. "The Strategic Choice of Managerial Incentives," RAND Journal of Economics, The RAND Corporation, vol. 18(3), pages 452-458, Autumn.
- F. Javier Casado-Izaga, 2000. "Location decisions: The role of uncertainty about consumer tastes," Journal of Economics, Springer, vol. 71(1), pages 31-46, February.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Vitor Miguel Ribeiro, 2014. "Strategic delegation in two-sided markets," FEP Working Papers 536, Universidade do Porto, Faculdade de Economia do Porto.
- Evangelos Mitrokostas & Emmanuel Petrakis, 2014.
"Organizational structure, strategic delegation and innovation in oligopolistic industries,"
Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(1), pages 1-24, January.
- Evangelos Mitrokostas & Emmanuel Petrakis, 2011. "Organizational structure, strategic delegation and innovation in oligopolistic industries," Working Papers 2011/09, Economics Department, Universitat Jaume I, Castellón (Spain).
- Ya‐chin Wang & Leonard F.s. Wang, 2009. "Equivalence Of Competition Mode In A Vertically Differentiated Duopoly With Delegation," South African Journal of Economics, Economic Society of South Africa, vol. 77(4), pages 577-590, December.
- Luciano Fanti & Marcella Scrimitore, 2017. "Hiring a manager or not? When asymmetric equilibria arise under outsourcing to a rival," Discussion Papers 2017/220, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
- Vitor Miguel Ribeiro, 2014. "Anticipating the long-term ideology of a policymaker," FEP Working Papers 553, Universidade do Porto, Faculdade de Economia do Porto.
- Alessandra Chirco & Caterina Colombo & Marcella Scrimitore, 2014. "Organizational Structure and the Choice of Price versus Quantity in a Mixed Duopoly," The Japanese Economic Review, Japanese Economic Association, vol. 65(4), pages 521-542, December.
- Ribeiro, Vitor, 2015. "Endogenous unrestricted locations in markets with network effects," Economics Discussion Papers 2015-11, Kiel Institute for the World Economy (IfW Kiel).
- Colombo, Stefano & Scrimitore, Marcella, 2018. "Managerial delegation under capacity commitment: A tale of two sources," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 149-161.
- Marcella Scrimitore, 2019. "Endogenizing managerial delegation: A new result under Nash bargaining and network effects," EERI Research Paper Series EERI RP 2019/15, Economics and Econometrics Research Institute (EERI), Brussels.
- Kai Zhao, 2015. "Delegation study in asymmetric game," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(2), pages 221-244, August.
- John S. Heywood & Zheng Wang, 2016. "Strategic delegation under spatial price discrimination," Papers in Regional Science, Wiley Blackwell, vol. 95, pages 193-213, March.
- John S. Heywood & Zheng Wang, 2020. "Delivered pricing and endogenous delegation of contract type," Australian Economic Papers, Wiley Blackwell, vol. 59(3), pages 232-249, September.
- Vitor Miguel Ribeiro, 2014. "Long-term regulatory orientation and the ideal timing of quality investment," FEP Working Papers 552, Universidade do Porto, Faculdade de Economia do Porto.
- Leonard F. S. Wang & Domenico Buccella, 2020. "Location decision of managerial firms in an unconstrained Hotelling model," Bulletin of Economic Research, Wiley Blackwell, vol. 72(3), pages 318-332, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bárcena Ruiz, Juan Carlos & Casado Izaga, Francisco Javier, 1999. "Should Owners of Firms Delegate Long-run Decisions?," BILTOKI 1134-8984, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
- Juan Carlos Bárcena-Ruiz & F. Javier Casado-Izaga, 2005. "Spatial competition and the duration of managerial incentive contracts," Investigaciones Economicas, Fundación SEPI, vol. 29(2), pages 331-349, May.
- Leonard F. S. Wang & Domenico Buccella, 2020. "Location decision of managerial firms in an unconstrained Hotelling model," Bulletin of Economic Research, Wiley Blackwell, vol. 72(3), pages 318-332, July.
- Rajesh K. Aggarwal & Andrew A. Samwick, 1999.
"Executive Compensation, Strategic Competition, and Relative Performance Evaluation: Theory and Evidence,"
Journal of Finance, American Finance Association, vol. 54(6), pages 1999-2043, December.
- Rajesh Aggarwal & Andrew A. Samwick, 1996. "Executive Compensation, Strategic Competition, and Relative Performance Evaluation: Theory and Evidence," NBER Working Papers 5648, National Bureau of Economic Research, Inc.
- Patrick Legros & Andrew F. Newman, 2014.
"Contracts, Ownership, and Industrial Organization: Past and Future,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 30(suppl_1), pages 82-117.
- Patrick Legros & Andrew Newman, 2014. "Contracts, Ownership, and Industrial Organization: Past and Future," ULB Institutional Repository 2013/229731, ULB -- Universite Libre de Bruxelles.
- Toshihiro Matsumura & Noriaki Matsushima, 2009. "Regional restriction, strategic delegation, and welfare," ISER Discussion Paper 0761, Institute of Social and Economic Research, Osaka University.
- Hang Cao & Leonard F. S. Wang, 2023. "Optimal zoning of managerial duopoly," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 58-67, January.
- Esther Gal‐Or, 1997. "Multiprincipal Agency Relationships as Implied by Product Market Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(1), pages 235-256, June.
- Koji Ishibashi, 2010. "Effects Of Asymmetric Information Within A Firm On Oligopolistic Market Outcomes," The Japanese Economic Review, Japanese Economic Association, vol. 61(4), pages 488-506, December.
- Aghion, Philippe & Dewatripont, Mathias & Legros, Patrick & Zingales, Luigi (ed.), 2016. "The Impact of Incomplete Contracts on Economics," OUP Catalogue, Oxford University Press, number 9780199826216.
- Gonzalez-Maestre, Miguel & Lopez-Cunat, Javier, 2001.
"Delegation and mergers in oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 19(8), pages 1263-1279, September.
- Javier M. López Cuñat & Miguel González-Maestre, 1999. "- Delegation And Mergers In Oligopoly," Working Papers. Serie AD 1999-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Huck, Steffen & Muller, Wieland & Normann, Hans-Theo, 2004.
"Strategic delegation in experimental markets,"
International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 561-574, April.
- Steffen Huck & Wieland Müller & Hans-Theo Norman, 2000. "Strategic Delegation in Experimental Markets," CESifo Working Paper Series 290, CESifo.
- Huck, Steffen & Müller, Wieland & Normann, Hans-Theo, 2000. "Strategic delegation in experimental markets," SFB 373 Discussion Papers 2000,39, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Huck, S. & Müller, W. & Normann, H.T., 2004. "Strategic delegation in experimental markets," Other publications TiSEM 64e031eb-d6bb-4b12-8b1e-1, Tilburg University, School of Economics and Management.
- Miettinen, Topi & Stenbacka, Rune, 2018. "Strategic short-termism: Implications for the management and acquisition of customer relationships," Journal of Economic Behavior & Organization, Elsevier, vol. 153(C), pages 200-222.
- Miguel Antón & Florian Ederer & Mireia Giné & Martin Schmalz, 2023.
"Common Ownership, Competition, and Top Management Incentives,"
Journal of Political Economy, University of Chicago Press, vol. 131(5), pages 1294-1355.
- Miguel Anton & Florian Ederer & Mireia Gine & Martin Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," Cowles Foundation Discussion Papers 2046R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.
- Miguel Anton & Florian Ederer & Mireia Gine & Martin C. Schmalz, 2022. "Common Ownership, Competition, and Top Management Incentives," NBER Working Papers 30785, National Bureau of Economic Research, Inc.
- Schmalz, Martin & Ederer, Florian & Gine, Mireia & Antón, Miguel, 2018. "Common Ownership, Competition, and Top Management Incentives," CEPR Discussion Papers 12674, C.E.P.R. Discussion Papers.
- Miguel Antón & Florian Ederer & Mireia Giné & Martin C. Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," CESifo Working Paper Series 6178, CESifo.
- Miguel Anton & Florian Ederer & Mireia Gine & Martin Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," Cowles Foundation Discussion Papers 2046, Cowles Foundation for Research in Economics, Yale University.
- Stefan Beiner & Markus M. Schmid & Gabrielle Wanzenried, 2011.
"Product Market Competition, Managerial Incentives and Firm Valuation,"
European Financial Management, European Financial Management Association, vol. 17(2), pages 331-366, March.
- Stefan Beiner & Markus Schmid & Gabrielle Wanzenried, 2004. "Product Market Competition, Managerial Inventives, and Firm Valuation," Diskussionsschriften dp0412, Universitaet Bern, Departement Volkswirtschaft.
- Ritz, Robert A., 2008.
"Strategic incentives for market share,"
International Journal of Industrial Organization, Elsevier, vol. 26(2), pages 586-597, March.
- Robert Ritz, 2005. "Strategic incentives for market share," Economics Series Working Papers 248, University of Oxford, Department of Economics.
- Horn, Henrik & Lang, Harald & Lundgren, Stefan, 1995.
"Managerial effort incentives, X-inefficiency and international trade,"
European Economic Review, Elsevier, vol. 39(1), pages 117-138, January.
- Horn, H. & Lang, H. & Lundgren, S., 1991. "Managerial Effort Incentives, X-Inefficiency and International Trade," Papers 507, Stockholm - International Economic Studies.
- Nicola Meccheri & Luciano Fanti, 2016. "Should delegation contracts be made before or after union wage setting? Endogenous moves in a managerial-unionized duopoly," Working Paper series 16-18, Rimini Centre for Economic Analysis.
- Dam, Kaniṣka & Robinson-Cortés, Alejandro, 2020. "Executive compensation and competitive pressure in the product market: How does firm entry shape managerial incentives?," Mathematical Social Sciences, Elsevier, vol. 106(C), pages 60-77.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reecon:v:59:y:2005:i:3:p:209-222. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622941 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.